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(TCO F) A benefit obtained from comparing the client's data with industry averages is that it...

(TCO F) A benefit obtained from comparing the client's data with industry averages is that it provides a(n)

1 indication of the likelihood of financial problems.

2 indication where errors exist in the statements.

3 benchmark to be used in evaluating a client's budgets.

4 comparison of what is with what should be.

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The benefit obtained from comparing client data with industry average is that it provides a base indication of likelihood of financial problems
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